As a result of everything becoming connected, we are seeing shifts in investments and returns. There is already a great demand for network expansion, cyber security, and insurance. And generally, the prices of hardware will fall as IoT becomes less of a novelty BI Intelligence All of this opens up a huge opportunity for everyone to make and save a lot of money. We will invest $6 trillion in IoT between 2015 and 2020, which will yield $12.6 trillion ROI over the next decade. Enterprise will make up the majority of the investment dollars, followed by government and consumer.
“The most dangerous poison is the feeling of achievement. The antidote is to every evening think what can be done better tomorrow.” —Ingvar Kamprad, IKEA founder
Our businesses and governments are becoming more efficient by investing in the IoT revolution. Industries like oil, manufacturing, agriculture, medicine, insurance, retail, and utilities are all actively innovating with IoT installs. Governments are improving the quality of cities and defense programs with smart, Internet-connected solutions.